Managing in Tough Times: May 2009 Nonprofit Leaders Survey Update (June 2009). To update their November study, Managing in Tough Times: 7 Steps, the Bridgespan Group surveyed nearly 100 nonprofit leaders in May 2009 to find out how the ongoing recession is currently affecting their organizations. Here's a sampling of what they found:

Since November 2008, the percentage of nonprofits reporting funding cuts has increased from 52 percent to 69 percent.

The percentage reporting cuts of more than 20 percent has increased from 13 percent to 24 percent.

70 percent of small organizations (those with revenues less than $1 million) reported that their financial picture had worsened in the past six months, compared with 38 percent for medium and 41 percent for large organizations ($1 million to 10 million, and greater than $10 million, respectively).

Foundations Address the Impact of the Economic Crisis (April 2009). An examination of how foundations have been responding to the current economic crisis, this research advisory is based on early 2009 survey responses of more than 1,200 U.S. foundations. It is part of an ongoing Foundation Center research series intended to shed light on the impact of the economic downturn on the nonprofit sector. Key findings:

Close to two-thirds of surveyed foundations predict reductions in the number and/or size of their grants in 2009.

Most respondents expect to maintain the number of program and geographic areas they currently support.

Two out of five respondents expect to dip into their endowment principal to fund their 2009 grants budgets.

Over half of respondents anticipate engaging in more non-grantmaking activities in response to the economic downturn.

More than one-third of community foundation respondents are engaging in special initiatives in response to the economic crisis, compared to 14 percent of respondents overall.